GBPAUD - 4H CHART ANALYSIS

Hi everyone,

Please see attached my chart analysis for GBPAUD on the 4H timeframe.

As we can see on the chart we have entered consolidation where it is moving in a sideways channel but there is plenty of opportunities involved here, i have marked out the area of structure in which the channel is respecting and the pip count between both is around the 180 pip mark so there is plenty of room to catch pips here.

Add this to your watchlist for a potential reversal from a structure area, wait before confirmation before entering any trades.

Any likes and comments would be appreciated.

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DWFX